Treasury ordered to comply with FBN's FOIA request
The FOX Business Network is reporting a U.S. District judge has ruled the U.S. Treasury Department must comply with FBN's Freedom of Information Act request and release details about the government bailout.
The Treasury is required to comply with FBN's requests by March 23 and must release the requested Vaughn index, which lists the documents that were withheld, by April 6.
From the press release:
The initial request, filed in November, sought actual data on the use of the bailout funds for American International Group and the Bank of New York Mellon, and an additional request, filed on December 1, sought similar data on the bailout funds for Citigroup, Inc. FBN has been asking for the Treasury Department to identify, among other issues, the troubled assets purchased, any collateral extended, and any restrictions placed on these financial institutions for the participation in this program.
FOX News Executive Vice President Kevin Magee said the network was "thrilled that this information is finally, and rightfully, going to be made available to the American public."

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